-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
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In poor health -Nandita Murukutla
-The Indian Express Reducing preventable disease should be a developmental priority. Government needs to invest in a healthier future. Indians are famous for our savings mentality. The 2014 Towers Watson Global Benefits Attitude Survey found that Indians had the second-highest savings rate, after the Chinese. We save for a variety of reasons, to create a safety net and to yield returns in future. While there is a time to save, there...
More »Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
More »A State Only In Name -Rakshita Swamy
-The Indian Express Push for cash transfers tacitly asks citizens to fend for themselves The implementation of cash transfers by a state would necessarily entail: one, the identification of beneficiaries on the basis of predefined eligibility parameters; and two, calculating the exact amount of money, equivalent to the monetary value of the subsidy that beneficiaries were supposed to get, and transferring it into their bank accounts — with the intention that they...
More »MNREGA world's largest public works programme: World Bank
-PTI WASHINGTON: India's rural employment guarantee programme MNREGA has been ranked as the world's largest public works programme, providing social security net to almost 15 per cent of the country's population, World Bank has said. India is among the five middle-income countries running the world's largest social safety net programmes, said a World Bank Group's report 'The State of Social Safety Nets 2015'. "The world's five largest social safety net programmes are all...
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